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Post by dmdmd1 on Jun 20, 2013 18:37:47 GMT -5
IMO....the insiders knew before the court hearing that the KPP deal was going to be approved by Judge Gropper thus the massive volume (3rd largest of the year)was not dependent on the KPP ruling.
Questions:
1) Why was there such a high volume of 43 million and a PPS increase of 58%?
IMO...Answers:
1) Massive Pump and Dump by Day Traders. (PPS daily range from $0.0922 to $0.1840 and closed at $0.1550)
2) My favorite---buyout thus "big boys" were stagnant on the bonds and bought into the commons.
Just a reminder: there was a decrease of almost 9% of the short interest from May 15 to May 31. Why would there be a decrease in short interest when the POR (released on April 30) stated the cancellation of common shares?
Still remaining questions:
How does the new financing deal from: Barclays, JP Morgan, and BAC (Merrill Lynch) fit into all of this. Reminder: Barclays, JP Morgan and BAC (Merrill Lynch) are 2nd Lien Holders.
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Post by forkodak on Jun 20, 2013 19:03:50 GMT -5
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Post by forkodak on Jun 21, 2013 17:45:05 GMT -5
Numbers for Friday 6-21-13 thursday ~half of trades were short trades now ~a third.... 20130621|EKDKQ|6478571|0|16883607|O
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Post by gsxr1100 on Jun 21, 2013 18:02:31 GMT -5
Please explain how any of that is relevant to us
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Post by Admin on Jun 21, 2013 18:29:21 GMT -5
Its really not, people just like to watch the mechanics of the trading going on.
SBG
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Post by forkodak on Jun 21, 2013 18:49:39 GMT -5
I am just a hack but on thursday there were 40 million shares traded and only 18 million were short trades (maybe new contracts or closing contracts) But what we do know is that 40-18 or 22 million shares went long it would seem.
Normally if it is clear a stock is going to zero no new short positions can be opened since the other side of the trade is not dumb...
So it is all as clear as mud I guess...
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